Connecting to LinkedIn...

Blank

Shrinking economy calls for urgent action on fuel duty, warns REC Drivers

Shrinking economy calls for urgent action on fuel duty, warns REC Drivers
 
Following the announcement that the UK economy shrunk by 0.5 per cent, the Recruitment and Employment Confederations drivers group is urging the Government to consider cutting tax on fuel to boost British business.
 
The freight industry is essential to the nations supply chain and distribution of all our consumer goods throughout the UK. A cut in tax for diesel as well as petrol vehicles would mean a reduction in costs and a boost in operations, the sector group says.
 
Commenting on the issue, Rod Harris, Chair of REC Drivers said:
 
We all realise the need for a programme of cuts to help the UK economy stand on its feet again. Todays figures, however, show that there is only so much shock that the economy can absorb.
 
With an increase in VAT, fuel prices and taxation, the Governments measures seem to have crossed the line. A reduction in the fuel duty would have no implication for the money the Government earns, but would provide a helping hand to UK businesses by easing their tax burden.
 
Over the past two years,  recruiters in this sector saw their industry contract by 30 per cent.  2011 provides us with a unique opportunity to reflect on the last couple of years and make a dynamic comeback. We have witnessed a trend for growth in many sectors of the economy like the freight and manufacturing industries. It is a shared responsibility that we ensure that this trend continues.

Tags:

Articles similar to

Articles similar to